INVESTOR OPPORTUNITY! $1,658/MONTH IN-PLACE RENT AND APPROXIMATELY 11.1% GROSS ANNUAL RENT YIELD! This income-producing property offers an appealing opportunity for buy-and-hold investors seeking an established rental income stream at an accessible price point. The current approved HCV/Section 8 rent is $1,658 per month, currently paid 100% by the Housing Authority under the existing rental assistance arrangement. At the current asking price, the annual gross rent yield is approximately 11.1%, before HOA dues and other operating expenses. Enjoy a central Las Vegas location with convenient access to the Las Vegas Strip, Sphere, Harry Reid International Airport, UNLV, medical services, shopping, and premier golf destinations including Las Vegas Country Club and Wynn Golf Club. An attractive entry point into the Las Vegas real estate market, this property may appeal to both investors looking for income potential and buyers considering future owner-occupancy, subject to the existing tenancy and applicable requirements. Seller offering a $796 credit toward Buyer's November and December 2026 HOA dues at closing, subject to contract and applicable approval. Tenant occupied. Please do not disturb tenant. Buyer to independently verify rental assistance terms, lease and HAP documentation, ownership transfer requirements, HOA fees, property taxes, insurance, property condition, and all other information. Showings by appointment only with a minimum of 24 hours' advance notice. Please do not disturb the tenant.
Details
MLS #
2827625
Listing Type
For Sale
Style
Town House
HOA Dues
$398
Sub-Type
Resale
Status
Active
Year
1973
Days On Site
8
Listing Provided By
Axen Realty LLC | Yurong Yang
Features
Bed(s)
2
Bath(s)
1 Total
SQ Feet
772
Story(s)
1
Zoning
Multi-Family
Acreage
0.04
Interior
Cooling
Central Air, Electric
Heating
Central, Gas
Heating Yes / No
Yes
Cooling Yes / No
Yes
Interior Features
Bathroomon Main Level, Bedroom On Main Level, Primary Downstairs, Window Treatments
Window Features
Window Treatments
Furnished
Unfurnished
Appliances
Gas Range, Microwave, Refrigerator
Fireplaces Total
0
Fireplace Yes / No
No
Exterior
Exterior Features
Patio, Private Yard
Roof
Composition, Shingle
Lot Features
Landscaped, Less Than Quarter Acre
Fencing
Block, Back Yard
Parking
Parking Features
Assigned, Uncovered, Guest
Garage Yes / No
No
Utilities
Utilities
Underground Utilities
Electric
Photovoltaics None
Sewer
Public Sewer
Taxes
Tax Annual Amount
409
Location
Community Features
Pool
Senior Community Yes / No
No
Area Information
State
NV
County
Clark
City
Las Vegas
Zip Code
89119
Community Name
Swenson Apts
School District
Valley
Elementary School
Thomas
High School
Valley
Sourced by Back At You
MLS Number: 2827625
Yurong Yang – (818) 919-3819 – rubyyang@axenrealty.com
The data relating to real estate for sale on this web site comes from the Las Vegas REALTORS® MLS. Information deemed reliable but not guaranteed. COPYRIGHT 2022 OF LAS VEGAS REALTORS® MLS. ALL RIGHTS RESERVED.
MLS Number: 2827625
Yurong Yang – (818) 919-3819 – rubyyang@axenrealty.com
In-Person: 11/01 2:00 PM - 5:00 PM
